NCUA rebate amounts not yet determined

The NCUA will provide credit unions with their distribution amounts as soon as they are completed, which is projected to be third quarter 2018.  The NCUA needs time to update its IT systems to calculate individual credit union distribution amounts.  Since the methodology was just approved on Feb. 15, and due to the nature and […]

The NCUA will provide credit unions with their distribution amounts as soon as they are completed, which is projected to be third quarter 2018.  The NCUA needs time to update its IT systems to calculate individual credit union distribution amounts.  Since the methodology was just approved on Feb. 15, and due to the nature and complexity of the calculation, any third parties claiming to provide a calculator or calculations of an individual credit union’s distribution amount is not accurate and should not be relied upon at this time.

Additional updates on this issue are forthcoming.

Written by
admin
View all articles

About Us

The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

If you need to reach us, e-mail communications@lscu.coop

Social Channels

Follow us on all major social media platforms.